Carmakers Grossed Over $20 Trillion in the Past Decade, more than China`s GDP

Carmakers Grossed Over $20 Trillion in the Past Decade, more than China`s GDP Rising costs, high interest rates, slow consumer spending, and supply chain disruptions have made 2024 another challenging year for the global automotive industry. But despite the fourth year of hardship, carmakers have still managed to generate impressive revenue over the past decade.

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